building equity in a home is a good thing because\n○ mortgage payments decrease as equity increases.\n○…

building equity in a home is a good thing because\n○ mortgage payments decrease as equity increases.\n○ credit scores increase as equity increases.\n○ equity in a home increases the homeowner’s net worth.\n○ property taxes decrease as equity increases.

building equity in a home is a good thing because\n○ mortgage payments decrease as equity increases.\n○ credit scores increase as equity increases.\n○ equity in a home increases the homeowner’s net worth.\n○ property taxes decrease as equity increases.

Answer

Answer:

equity in a home increases the homeowner’s net worth.

Brief Explanations:

Equity is part of net - worth. As home equity grows, net worth rises. Mortgage payments are based on loan terms, not equity. Credit scores are not directly tied to home equity. Property taxes are based on property value and assessment, not equity.